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The Ministry of Justice of Russia prepared bill, which provides for the liberalization of criminal law for businessmen. This was reported on the website of the department.
Ministry of Justice proposes to abolish punishment for entrepreneurial activity without registrationas well as to increase (“taking into account the level of inflation”) the amount of damage caused or income received, from which criminal liability arises.
Also offered recognize several criminal articles or their parts as invalid. This refers, in particular, to the rules relating to knowingly introducing false information in some documents illegal use someone else’s trademark and abuse when issuing securities.
“The draft federal law is aimed at the full or partial decriminalization of certain acts in the field of entrepreneurial activity, for the commission of which punishment in the form of imprisonment has not been established or this punishment has not been imposed,” the Ministry of Justice said.
In early March, shortly after sanctions were imposed on Russia over its invasion of Ukraine, Russian President Vladimir Putin declaredthat the “way out” of the situation should be “maximum economic freedom for people who do business.”
Subsequently, the Russian authorities approved a number of measures to support business in the face of sanctions.